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FX Daily Updates
Exclusive: SpaceX, xAI set share exchange ratio at 0.1433, source says
georgemiller
Publish Date: Tue, 03 Feb 2026, 02:28 AM

Feb 2 (Reuters) - Investors in Elon Musk's xAI will receive 0.1433 shares of SpaceX for every share of xAI as part of the satellite company's purchase of the billionaire entrepreneur's artificial intelligence company, a source familiar with the matter said on Monday.
As part of the deal, some xAI executives may also opt for cash instead of SpaceX stock, receiving $75.46 per share for each xAI share, the source added.
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SpaceX was not immediately available for comment.
https://www.reuters.com/technology/spacex-xai-set-share-exchange-ratio-01433-source-says-2026-02-03/